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. by the way, the idea came from not even paul ryan or senator wyden, a co-author of the bill for senator ryan in the senate, but came from bill clinton's chief of staff. this is an idea that's been around a long time cometh a must if we can't take competition into the medicare world so that people can get the choice of different plans to lower lower costs, better quality i believe in competition. obama: if i could just respond very quickly. every study is shown there's lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. and private insurers have to make a profit. nothing wrong with that. that's what they do. and so, you've got higher administrative costs plus profit on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen is that the money has to come from somewhere. and when you move to a voucher system, you are putting seniors that the mercy of those insurance companies and over time the traditional medicare has decayed or fallen apart, then they are stuck. and this is wh
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